Lido DAO (LDO) New Analytics May Offset 18% Weekly Loss
The market’s hostile environment is currently hindering altcoins gaining in the short term. With the broader market down by 2%, LDO losses mounted up to 18% since last week, continuing to end this week with pain for investors in the short term. This led to shaky investor confidence as fear, uncertainty, and doubt plagued the […]
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Moonbeam, the Ethereum (ETH) blockchain-compatible smart contract platform developed on Polkadot, announced that it will integrate and work closely with Lido, which claims to be the largest liquid staking derivatives protocol currently live on Ethereum and Terra. The collaboration between Moonbeam and Lido will be driven by MixBytes, which was selected by the Lido DAO […]
Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido Finance empowers stakers to put their staked assets to use on their supported networks: Ethereum, Solana, Polygon and Polkadot. This first phase of this joint initiative is set to bring liquidity providers over $120,000 in liquidity mining rewards, with more incentives to come in the near....
Back in 2022, Lido Finance, a decentralized finance (DeFi) protocol providing staking services, announced support for Solana. Since then, the DeFi platform has provided an avenue for Solana users to stake their SOL and receive a liquid staking token while doing so. The platform has run into a problem that could lead to the end […]
Lido Finance, a cryptocurrency staking service firm, declares its intention to spread across the Ethereum Layer two networks. Furthermore, the company announced that it would extend its support to the Ethereum ecosystem through its services on staked Ether (stETH). The Lido team revealed its plans through a blog post. It stated that its fundamental step […]
Recent comments by Danny Ryan, often referred to as the beacon chain’s mastermind, have sent ripples through the Ethereum community. In a candid interview, Ryan called out Lido and similar protocols, claiming they pose a systemic threat to Ethereum’s foundational values and its core consensus mechanisms. The crux of Ryan’s concern revolves around Lido’s growth. […]